All 4 year term or less and Variable rate mortgages with less than 20% down payment will now have to be qualified at the greater of  the Bank of Canada 5 year conventional mortgage which is 5.49% or the actual rate mortgage rate.

Home Purchase Mortgage	Mortgage Renewals	Mortgage Refinance
You need the help of a Toronto mortgage broker to make the right decisions: • Self Employed simplified • 5% flexible down payment • Canada's best pre-payment options • Lowest mortgage rates in Toronto & Canada	Most Toronto & GTA homeowners simply sign the lenders renewal without shopping for the best rate and terms. • We shop for you, no charge. • No cost switch program. • Canada's best prepayment options.	Mortgage refinance can prove beneficial in several ways: • Get cash out for any purpose. • Consolidate high interest credit cards. • Lower your monthly payments. • Renovations and home improvements. • Programs for self employed. • Canada's best prepayment options